My weekly look at Blurt's economic indicators.
All rises and falls are relative to last week.
Blurt Economic Indicators
BLURT Supply = 500.79 million (+840k)
Vested BLURT (BP) = 57.4% (+0.0)
BP Voting Capacity = 52.6% (-0.2)
Reward Pool = 1.953 million BLURT (+0.010M)
Recent Claims = 226.7 TRshares (-0.6T)
Vote Yield estimate (100k BP) = 18.1% APR (+0.1)
Author/Curation Yield estimate = 9.0% APR (half of the Vote Yield)
SWAP.HIVE:SWAP.BLURT Average Yield = 9.5% APR (BeeSwap)
You can also see the raw numbers on a blockchain explorer.
Tutorial: Blurt Economic Indicators Explained
Insights
This week has seen very little change from last week, although a very small drift downwards in terms of activity. An decrease in recent claims and voting capacity has resulted in a very small increase in the reward pool. The vote yield estimate has also risen a small fraction, but is stable at the precision shown above at around 18% pa.
The incentive yield in the HIVE:BLURT pool has risen slightly and has overtaken the curation yield, and remains a valid passive source of income. There is also a daily bonus of 1% so that individual yields increase for longer staking.
Any questions, just ask.
BLURT Prices
We now have a BLURT price feed within the Blurt wallet, so I shall show the difference between our BLURT feed estimate and the BLURT pool price.
BLURT feed: $0.0028 (+20%/week)
BLURT in SWAP.HIVE:SWAP.BLURT pool: $0.0028 (+15%/week)
BLURT price has been up this week in both USD and BTC terms. Now trading within a range of around 9-12 satoshis.
Note that any swap pool price will not necessarily reflect open market prices. A swap price will only change when there is an actual trade; buying SWAP.BLURT will increase the price and selling will lower it. There are no "open orders", so every transaction will have an effect. This is how arbitrageurs make their money: buying and selling price discrepancies across different markets.
I hope these numbers will give members some insights into how the Blurt economic system is managed and, more importantly, how each individual user can both benefit from and affect the whole chain.
Blurt Better!
Buy BLURT on Probit, Ionomy, Hive-Engine.
Reminder. Sell your BYT on Hive-Engine as your tokens will be worthless after the end of May 2023. Paying attention pays.